Banswara Syntex Limited has informed the Exchange regarding Resignation of Mr. Amit Nandwana as Other of the company w.e.f. May 04, 2026.

Kmp ResignedManagement Changes View source PDF Explain this filing

BANSWRAS · price

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Price reactionminutes from the announcement price · days from the prior close

+3.4%Reaction day

₹118.13

prior close

₹119.95

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+3.5% vs market

Other Textile Products peers, median of 181sector+0.0%+3.4% vs sector

On the reaction day the stock moved 3.5 pts more than Nifty Microcap 250 and 3.4 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.0

10m

-1.1

15m

-1.8

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.4-0.1+3.5+0.0+3.4

Next day

+8.1+1.5+6.5+0.0+8.0

+5.0+3.1+1.9+0.6+4.4

+4.6+3.0+1.6+0.2+4.4

+3.7+1.6+2.1-0.5+4.2

+0.0-1.6+1.6-1.9+2.0

+2.0-0.6+2.7-1.1+3.1

15d

+3.7+2.2+1.5-2.0+5.7

+2.9+2.6+0.3-1.6+4.5

+9.4+8.9+0.5-1.3+10.7

+4.7+11.4-6.7-2.1+6.8

UpDownMarket · Nifty Microcap 250Sector · Other Textile Products peers, median of 181Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Banswara Syntex Limited has announced the resignation of Mr. Amit Nandwana from the position of Chief Technology Officer (CTO), who is classified as Senior Management Personnel. He will be relieved from duties with effect from close of business hours on 4th May, 2026. The reason stated for the resignation is personal reasons. The company has confirmed receipt of his resignation as required under SEBI Listing Regulations. This disclosure has been made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates timely intimation of changes in senior management personnel to the stock exchanges.

Likely market impact

The resignation of a senior-level executive like the CTO could signal potential disruption in technology strategy execution or leadership transition concerns, though the company has acknowledged the resignation formally. The impact on stock price is likely minimal given the personal reason cited, but investors should monitor for any subsequent appointments.